CBN Deputy Governor, Corporate Services, Edward Adamu, stated this in a letter addressed to the House.
This is the third time Emefiele would be unable to brief the lawmakers over the cash withdrawal limit policy of the appex bank which will come into effect on January 9.
Amidst protests and condemnation on Tuesday, the lawmakers rescheduled his appearance for Thursday, insisting on suspension of the cash withdrawal limits set by the apex bank.
However, at the plenary on Wednesday, after Gbajabiamila read out the letter, the lawmakers resolved to accept Emefiele’s representation.
But Emefiele has said the policy is aimed at developing the economy.
“We have 1.4 million super agents that are all over different parts of the country, all local governments, and all villages in this country and I have told my colleagues, some of their names are already on the CBN website and we will publish all the names of all the super agents and having super-agent, which is different from the banks, which is different from microfinance banks, which is different from other financial institutions.
“Having 1.4 million of them is as good as having 1.4 million banking points where people can conduct services and we think, Nigeria as a big country, the biggest economy in Africa, that we need to leapfrog into the cashless economy,” he said.